United Rentals (URI) Tops Q1 EPS by 74c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- BofA Securities Reiterates Buy Rating on Apple (AAPL)
- Shipping stocks on fire — but cracks are forming in the rate rally
United Rentals Announces Record First Quarter Results and Raises 2022 Guidance for Revenue, Adjusted EBITDA and Both Operating and Free Cash Flow
April 27, 2022 4:15 PM EDTSTAMFORD, Conn.--(BUSINESS WIRE)-- United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 2022 and raised its full-year guidance for total revenue, adjusted EBITDA1, net cash provided by operating activities and free cash flow2.
First Quarter 2022 Highlights
Total revenue of $2.524 billion, including rental revenue3 of $2.175 billion. Fleet productivity4 increased 13.0% year-over-year. Net income of $367 million, at a margin1 of 14.5%. GAAP diluted earnings per share of $5.05, and adjusted EPS1 of $5.73. Adjusted EBITDA of $1.139 billion, at a margin1 of 45.1%. $886... More
